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More From Housing
Business
US spending on construction projects rises 1.7% in January
Spending on U.S. construction projects rose 1.7% in January as new home building continues to lift the sector.
Business
This Week: Construction data, Nordstrom earns, jobs report
A look at some of the key business events and economic indicators upcoming this week:
Business
US long-term mortgage rates rise; 30-year average at 2.97%
U.S. long-term mortgage rates rose this week but remain near historic lows as the pandemic-hobbled economy strains toward recovery with more Americans getting vaccinated against the coronavirus.
Business
Builders grapple with land shortage, soaring lumber costs
U.S. homebuilders are poised to benefit this spring homebuying season amid strong demand, low mortgage rates and an all-time low inventory of previously occupied homes for sale. But soaring lumber prices and a shortage of construction-ready land could limit their ability to capitalize on the strong housing market trends, analysts say.
Business
US contracts to buy homes decline, still a January record
The number of Americans who signed contracts to buy homes declined again with the number of properties for sale not matching the surging demand in the U.S.
